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GREECE: Will the Worsening Humanitarian Catastrophe Lead to Social Rebellion?

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StopCartel TV broadcasts live from Athens, Greece weeknights @ 6 pm Athens time. The following post is a loose transcript of the 28 August 2012 broadcast.

By greydogg and snake arbusto, 99GetSmart

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Samaras says Greece won first round in bid to remain in euro: After Greek Prime Minister Antonis Samaras briefed Karolos Papoulias, the President of the Republic, on his recent meetings with German Chancellor Angela Merkel and French President Fran├žois Hollande, he spoke briefly to the press:

"We are in a struggle to avoid the danger of our country's exit from the euro. We are in a struggle to bolster the country's negotiating position and get us closer to the goal that all three coalition party leaders have promised: Recovery. More jobs, especially for young people. And finally to have growth in this country. The drachma lobby has lost a decisive round. But we have much work ahead of us. We have our last but very tough decisions to make. Thank you very much."


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SYRIZA leader Alexis Tsipras made several comments regarding Samaras's press briefing:

"Greek society is facing the reality of a humanitarian catastrophe and the local government is responding by strangling the people with ever shrinking social services, wage cuts, pension cuts, job cuts, new emergency taxes and the privatization of public assets."

"How can the three ruling parties so easily promise the Troika, Merkel and other European leaders that they are going to realize the terms of the Memorandum? And how can they have promised that they will find new austerity measures totaling over 15 -- billion?"

"We are stating the obvious. We are sounding the alarm because the current government in Greece is going to disappear. If we don't change directions, then within a short time we will experience unbelievable social tension. Let's hope that through future battles, we will manage to claim the obvious."


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- Communist Party (KKE) leader Aleka Papariga also weighed in on Samaras's statements.

"The austerity measures must be confronted by the Greek people with a general strike and escalating battles with the government."

"Every sector of the Greek society is going to fight for issues that concern them. But at the same time they will participate and support the general movements. It's not possible to watch the new package of austerity measures that will be tragic, by just simply staying inside our homes and mourning. And confronting the situation with disappointment and absolute paralysis."


- Max Keiser explains the manufactured global economic crisis:

"With the introduction of derivatives in the 70s and 80s what was made available to financial engineers was the ability to impose a financial irrigation system where this river of cash that was being generated by the economy is directed into one group of folks at the expense of everyone else. It's clear that the gorillas in the equation keep getting fatter and fatter and the vast majority of the people are starving to death. This isn't by accident. This is called financial engineering, derivatives enabled by using the new wave of computer-aided technologies to architect the global financial system. The people in Greece right now are facing utter collapse, but hey! the islands are for sale."

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Linda Ross aka greydogg is a blogger at 99GetSmart

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